Intercontinental Group is now ready to launch another 45 hotels in India over the next few years. Richard Solomons, the global CEO of Intercontinental Hotel, said the company has embarked on its largest expansion plan in India, making India the third-largest country in terms of pipeline, after US and China.
The hospitality industry in India has had a tough time over the last one year, but global hospitality majors haven't given up yet. The Intercontinental Group is all set to embark on its largest expansion drive.
The Group has been present in India since 1965 and has till date launched about 60 hotels in the country. It is now ready to launch another 45 hotels in India over the next few years. Speaking to CNBC-TV18's Kritika Saxena, Richard Solomons, the global CEO of Intercontinental Hotel said that the company has embarked on its largest expansion plan in India, making India the third largest country in terms of pipeline, after US and China.
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